07-31-08, 12:26 PM
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Rep Power: 3 |  Rupert Murdoch visits India, Delhi is first stop
Rupert Murdoch visits India, Delhi is first stop Quote:
News Corp chairman Rupert Murdoch is on his sixth visit to India to step up his push into one of Asia's fastest growing economies.
Murdoch's last arrival was three years back, at a time when the DTH licence was awaiting government clearance.
After his two-day stay in Delhi, Murdoch will come to Mumbai on Friday. He will spend time in the Star India office and is also expected to be in business meetings.
Murdoch's India agenda is not clear at this stage, but speculation is rife that he will meet prime minister Manmohan Singh and Congress leader Sonia Gandhi.
News Corp has no presence in the print media in India as Murdoch is apparently unhappy with the 26 per cent foreign holding cap. After the acquisition of the Wall Street Journal, Murdoch has been looking at ways of spreading the clout of the premium business newspaper at a time when globalisation is gaining popularity across the world.
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